What is LSB Industries's earnings per share (EPS)?

LSB Industries (LXU) reported diluted earnings per share of $0.34 for fiscal year 2025. This represents a 225.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

LSB Industries Financials

LXU

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows LSB Industries (LXU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 50/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

LSB Industries has an operating margin of 9.3%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 43/100, indicating healthy but not exceptional operating efficiency. This is up from -1.1% the prior year.

Growth

LSB Industries's revenue surged 17.8% year-over-year to $615.2M, reflecting rapid business expansion. This strong growth earns a score of 63/100.

Leverage

LSB Industries carries a low D/E ratio of 0.85, meaning only $0.85 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

LSB Industries's current ratio of 2.78 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While LSB Industries generated $95.5M in operating cash flow, capex of $77.5M consumed most of it, leaving $18.1M in free cash flow. This results in a low score of 32/100, reflecting heavy capital investment rather than weak cash generation.

Returns

LSB Industries generates a 4.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100. This is up from -3.9% the prior year.

Altman Z-Score Grey Zone

2.14

LSB Industries scores 2.14, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Strong

8/9

LSB Industries passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.88x

For every $1 of reported earnings, LSB Industries generates $3.88 in operating cash flow ($95.5M OCF vs $24.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.9x

LSB Industries earns $1.9 in operating income for every $1 of interest expense ($57.3M vs $30.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$615.2M

YoY+17.8%

5Y CAGR+11.9%

10Y CAGR+3.5%

LSB Industries generated $615.2M in revenue in fiscal year 2025. This represents an increase of 17.8% from the prior year.

EBITDA

$139.2M

YoY+101.8%

5Y CAGR+20.8%

LSB Industries's EBITDA was $139.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 101.8% from the prior year.

Net Income

$24.6M

YoY+227.2%

LSB Industries reported $24.6M in net income in fiscal year 2025. This represents an increase of 227.2% from the prior year.

EPS (Diluted)

$0.34

YoY+225.9%

LSB Industries earned $0.34 per diluted share (EPS) in fiscal year 2025. This represents an increase of 225.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$18.1M

YoY+415.9%

LSB Industries generated $18.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 415.9% from the prior year.

Cash & Debt

$19.5M

YoY-3.6%

5Y CAGR+3.7%

10Y CAGR-17.1%

LSB Industries held $19.5M in cash against $440.3M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

17.0%

YoY+7.8pp

5Y CAGR+12.1pp

10Y CAGR+12.4pp

LSB Industries's gross margin was 17.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 7.8 percentage points from the prior year.

Operating Margin

9.3%

YoY+10.4pp

5Y CAGR+13.7pp

10Y CAGR+25.6pp

LSB Industries's operating margin was 9.3% in fiscal year 2025, reflecting core business profitability. This is up 10.4 percentage points from the prior year.

Net Margin

4.0%

YoY+7.7pp

5Y CAGR+21.6pp

10Y CAGR+11.9pp

LSB Industries's net profit margin was 4.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.7 percentage points from the prior year.

Return on Equity

4.7%

YoY+8.7pp

5Y CAGR+46.1pp

10Y CAGR+13.0pp

LSB Industries's ROE was 4.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$77.5M

YoY-16.1%

5Y CAGR+20.5%

10Y CAGR-15.9%

LSB Industries invested $77.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 16.1% from the prior year.

LXU Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$615.2M+17.8%	$522.4M-12.0%	$593.7M-34.2%	$901.7M+62.1%	$556.2M+58.3%	$351.3M
Cost of Revenue	$510.9M+7.6%	$474.6M-6.5%	$507.4M-8.3%	$553.3M+32.6%	$417.3M+24.8%	$334.3M
Gross Profit	$104.3M+118.2%	$47.8M-44.6%	$86.3M-75.2%	$348.4M+150.7%	$139.0M+715.2%	$17.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$41.5M-0.6%	$41.8M+14.2%	$36.6M-7.2%	$39.4M+3.7%	$38.0M+18.5%	$32.1M
Operating Income	$57.3M+1140.4%	-$5.5M-110.6%	$51.8M-83.2%	$308.4M+205.2%	$101.0M+750.5%	-$15.5M
Interest Expense	$30.7M-11.0%	$34.5M-16.2%	$41.1M-12.2%	$46.8M-5.2%	$49.4M-3.4%	$51.1M
Income Tax	$7.9M+218.7%	-$6.7M-211.9%	$6.0M-84.8%	$39.2M+959.8%	-$4.6M+4.1%	-$4.7M
Net Income	$24.6M+227.2%	-$19.4M-169.3%	$27.9M-87.9%	$230.3M+429.0%	$43.5M+170.3%	-$61.9M
EPS (Diluted)	$0.34+225.9%	$-0.27-173.0%	$0.37-86.2%	$2.68+160.9%	$-4.40-62.4%	$-2.71

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$165.0M+6.2%	$155.4M+2.7%	$151.3M+5.5%	$143.4M+6.3%	$134.9M+23.5%	$109.2M-22.0%	$140.1M+1.4%	$138.2M
Cost of Revenue	$123.8M-4.7%	$129.9M+1.4%	$128.1M-0.7%	$129.0M+0.1%	$128.9M+10.0%	$117.2M+4.0%	$112.7M-2.8%	$115.9M
Gross Profit	$41.2M+61.3%	$25.5M+10.2%	$23.2M+61.1%	$14.4M+137.8%	$6.0M+176.1%	-$7.9M-129.0%	$27.4M+23.1%	$22.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$11.2M+8.2%	$10.3M+5.0%	$9.8M-3.0%	$10.2M+2.7%	$9.9M-1.6%	$10.0M-13.0%	$11.5M+12.2%	$10.3M
Operating Income	$26.7M+70.7%	$15.6M+48.9%	$10.5M+134.8%	$4.5M+166.2%	-$6.7M+72.4%	-$24.4M-269.6%	$14.4M+27.9%	$11.3M
Interest Expense	$7.3M-0.3%	$7.4M-6.6%	$7.9M-2.2%	$8.1M-1.9%	$8.2M+1.3%	$8.1M-3.2%	$8.4M-13.8%	$9.7M
Income Tax	$4.6M+81.3%	$2.5M+133.9%	$1.1M+483.0%	-$283K+93.0%	-$4.1M+9.5%	-$4.5M-458.6%	$1.3M+107.3%	$603K
Net Income	$16.1M+126.7%	$7.1M+136.7%	$3.0M+283.3%	-$1.6M+82.1%	-$9.1M+64.0%	-$25.4M-365.6%	$9.6M+69.9%	$5.6M
EPS (Diluted)	N/A	$0.10+150.0%	$0.04+300.0%	$-0.02	N/A	$-0.35-369.2%	$0.13+62.5%	$0.08

LXU Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.2B-1.1%	$1.2B-8.6%	$1.3B-9.8%	$1.4B+27.1%	$1.1B+7.6%	$1.1B
Current Assets	$293.3M-5.3%	$309.7M-29.1%	$436.7M-22.9%	$566.6M+133.0%	$243.1M+87.6%	$129.6M
Cash & Equivalents	$19.5M-3.6%	$20.2M-79.5%	$98.5M+54.5%	$63.8M-22.4%	$82.1M+405.1%	$16.3M
Inventory	$18.3M-26.5%	$24.9M-11.5%	$28.1M-8.9%	$30.9M+86.2%	$16.6M-15.3%	$19.6M
Accounts Receivable	$57.2M+47.6%	$38.8M-4.0%	$40.4M-46.0%	$74.8M-13.5%	$86.4M+103.1%	$42.6M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$653.6M-6.0%	$695.5M-10.8%	$779.9M-15.6%	$923.9M+37.4%	$672.4M-25.6%	$903.7M
Current Liabilities	$105.5M-22.2%	$135.6M+14.4%	$118.5M-16.7%	$142.3M+35.6%	$104.9M-2.2%	$107.3M
Long-Term Debt	$440.3M-7.5%	$476.2M-17.3%	$575.9M-18.1%	$702.7M+35.6%	$518.2M+10.9%	$467.4M
Total Equity	$520.0M+5.8%	$491.6M-5.1%	$518.3M+0.5%	$515.9M+12.0%	$460.5M+207.7%	$149.6M
Retained Earnings	$232.3M+11.9%	$207.7M-8.5%	$227.0M+14.0%	$199.1M+737.0%	-$31.3M+24.7%	-$41.5M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$1.2B+2.1%	$1.1B+1.9%	$1.1B-4.1%	$1.2B-0.9%	$1.2B+0.4%	$1.2B-0.5%	$1.2B-5.6%	$1.3B
Current Assets	$293.3M+8.4%	$270.6M+6.0%	$255.2M-14.7%	$299.3M-3.4%	$309.7M-1.4%	$314.2M-5.4%	$332.0M-16.8%	$399.2M
Cash & Equivalents	$19.5M-30.2%	$28.0M+397.9%	$5.6M-62.6%	$15.0M-25.7%	$20.2M-52.2%	$42.3M-80.4%	$216.3M+71.6%	$126.0M
Inventory	$18.3M-7.5%	$19.8M-19.0%	$24.4M-4.1%	$25.5M+2.4%	$24.9M+16.4%	$21.4M+0.5%	$21.3M-3.2%	$22.0M
Accounts Receivable	$57.2M+22.6%	$46.6M-9.1%	$51.3M-1.1%	$51.9M+33.8%	$38.8M-12.5%	$44.3M+5.6%	$41.9M-22.0%	$53.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$653.6M+1.3%	$644.9M+2.0%	$632.3M-7.7%	$685.4M-1.5%	$695.5M+1.7%	$684.0M+2.7%	$666.3M-10.2%	$741.9M
Current Liabilities	$105.5M+10.7%	$95.3M-1.3%	$96.5M-19.2%	$119.5M-11.9%	$135.6M+9.1%	$124.3M+27.8%	$97.3M-11.3%	$109.6M
Long-Term Debt	$440.3M-1.6%	$447.6M+0.3%	$446.4M-6.7%	$478.2M+0.4%	$476.2M0.0%	$476.0M-0.8%	$479.8M-11.8%	$543.8M
Total Equity	$520.0M+3.0%	$504.6M+1.8%	$495.8M+1.1%	$490.6M-0.2%	$491.6M-1.5%	$499.0M-4.6%	$522.8M+0.9%	$518.2M
Retained Earnings	$232.3M+7.5%	$216.1M+3.4%	$209.0M+1.5%	$206.0M-0.8%	$207.7M-4.2%	$216.8M-10.5%	$242.2M+4.1%	$232.6M

LXU Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$95.5M+10.3%	$86.6M-37.0%	$137.5M-60.2%	$345.7M+294.5%	$87.6M+3586.9%	-$2.5M
Capital Expenditures	$77.5M-16.1%	$92.3M+36.5%	$67.6M+47.5%	$45.8M+30.5%	$35.1M+15.3%	$30.5M
Free Cash Flow	$18.1M+415.9%	-$5.7M-108.2%	$69.9M-76.7%	$299.8M+471.1%	$52.5M+259.2%	-$33.0M
Investing Cash Flow	-$42.4M+20.2%	-$53.1M-192.5%	$57.4M+115.5%	-$369.7M-965.7%	-$34.7M-22.1%	-$28.4M
Financing Cash Flow	-$53.9M+52.9%	-$114.3M+27.5%	-$157.7M-2863.0%	$5.7M-55.9%	$12.9M-47.0%	$24.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$17.9M-65.9%	$52.6M+189.4%	$18.2M+165.7%	$6.8M+71.9%	$4.0M-76.8%	$17.1M-58.7%	$41.4M+71.7%	$24.1M
Capital Expenditures	$21.1M+24.5%	$17.0M-8.1%	$18.5M-11.4%	$20.9M-26.0%	$28.2M-9.1%	$31.0M+110.3%	$14.8M-19.3%	$18.3M
Free Cash Flow	-$3.2M-109.0%	$35.6M+11400.3%	-$315K+97.8%	-$14.0M+42.1%	-$24.2M-74.0%	-$13.9M-152.3%	$26.6M+357.4%	$5.8M
Investing Cash Flow	-$25.4M-16.7%	-$21.8M-315.6%	$10.1M+291.6%	-$5.3M+84.8%	-$34.7M+81.5%	-$187.2M-254.8%	$120.9M+152.4%	$47.9M
Financing Cash Flow	-$973K+88.5%	-$8.5M+77.5%	-$37.7M-457.0%	-$6.8M-178.0%	$8.7M+317.0%	-$4.0M+94.6%	-$74.5M-67.2%	-$44.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LXU Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	17.0%+7.8pp	9.2%-5.4pp	14.5%-24.1pp	38.6%+13.6pp	25.0%+20.1pp	4.9%
Operating Margin	9.3%+10.4pp	-1.1%-9.8pp	8.7%-25.5pp	34.2%+16.0pp	18.2%+22.6pp	-4.4%
Net Margin	4.0%+7.7pp	-3.7%-8.4pp	4.7%-20.9pp	25.6%+17.7pp	7.8%+25.4pp	-17.6%
Return on Equity	4.7%+8.7pp	-3.9%-9.3pp	5.4%-39.3pp	44.6%+35.2pp	9.5%+50.8pp	-41.4%
Return on Assets	2.1%+3.7pp	-1.6%-3.8pp	2.1%-13.9pp	16.0%+12.2pp	3.8%+9.7pp	-5.9%
Current Ratio	2.78+0.5	2.28-1.4	3.68-0.3	3.98+1.7	2.32+1.1	1.21
Debt-to-Equity	0.85-0.1	0.97-0.1	1.11-0.3	1.36+0.2	1.13-2.0	3.12
FCF Margin	2.9%+4.0pp	-1.1%-12.9pp	11.8%-21.5pp	33.3%+23.8pp	9.4%+18.8pp	-9.4%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	25.0%+8.5pp	16.4%+1.1pp	15.3%+5.3pp	10.0%+5.5pp	4.5%+11.8pp	-7.3%-26.8pp	19.6%+3.5pp	16.1%
Operating Margin	16.2%+6.1pp	10.1%+3.1pp	6.9%+3.8pp	3.1%+8.1pp	-5.0%+17.4pp	-22.4%-32.6pp	10.3%+2.1pp	8.2%
Net Margin	9.8%+5.2pp	4.6%+2.6pp	2.0%+3.1pp	-1.1%+5.6pp	-6.8%+16.5pp	-23.2%-30.1pp	6.8%+2.7pp	4.1%
Return on Equity	3.1%+1.7pp	1.4%+0.8pp	0.6%+0.9pp	-0.3%+1.5pp	-1.9%+3.2pp	-5.1%-6.9pp	1.8%+0.7pp	1.1%
Return on Assets	1.4%+0.8pp	0.6%+0.3pp	0.3%+0.4pp	-0.1%+0.6pp	-0.8%+1.4pp	-2.1%-2.9pp	0.8%+0.4pp	0.4%
Current Ratio	2.78-0.1	2.84+0.2	2.64+0.1	2.51+0.2	2.28-0.2	2.53-0.9	3.41-0.2	3.64
Debt-to-Equity	0.85-0.0	0.89-0.0	0.90-0.1	0.970.0	0.97+0.0	0.95+0.0	0.92-0.1	1.05
FCF Margin	-1.9%-24.8pp	22.9%+23.1pp	-0.2%+9.6pp	-9.8%+8.2pp	-18.0%-5.2pp	-12.8%-31.8pp	19.0%+14.8pp	4.2%

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Frequently Asked Questions

What is LSB Industries's annual revenue?

LSB Industries (LXU) reported $615.2M in total revenue for fiscal year 2025. This represents a 17.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is LSB Industries's revenue growing?

LSB Industries (LXU) revenue grew by 17.8% year-over-year, from $522.4M to $615.2M in fiscal year 2025.

Is LSB Industries profitable?

Yes, LSB Industries (LXU) reported a net income of $24.6M in fiscal year 2025, with a net profit margin of 4.0%.

What is LSB Industries's EBITDA?

LSB Industries (LXU) had EBITDA of $139.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does LSB Industries have?

As of fiscal year 2025, LSB Industries (LXU) had $19.5M in cash and equivalents against $440.3M in long-term debt.

What is LSB Industries's gross margin?

LSB Industries (LXU) had a gross margin of 17.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is LSB Industries's operating margin?

LSB Industries (LXU) had an operating margin of 9.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is LSB Industries's net profit margin?

LSB Industries (LXU) had a net profit margin of 4.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is LSB Industries's return on equity (ROE)?

LSB Industries (LXU) has a return on equity of 4.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is LSB Industries's free cash flow?

LSB Industries (LXU) generated $18.1M in free cash flow during fiscal year 2025. This represents a 415.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is LSB Industries's operating cash flow?

LSB Industries (LXU) generated $95.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are LSB Industries's total assets?

LSB Industries (LXU) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are LSB Industries's capital expenditures?

LSB Industries (LXU) invested $77.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is LSB Industries's current ratio?

LSB Industries (LXU) had a current ratio of 2.78 as of fiscal year 2025, which is generally considered healthy.

What is LSB Industries's debt-to-equity ratio?

LSB Industries (LXU) had a debt-to-equity ratio of 0.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is LSB Industries's return on assets (ROA)?

LSB Industries (LXU) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is LSB Industries's Altman Z-Score?

LSB Industries (LXU) has an Altman Z-Score of 2.14, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is LSB Industries's Piotroski F-Score?

LSB Industries (LXU) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are LSB Industries's earnings high quality?

LSB Industries (LXU) has an earnings quality ratio of 3.88x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can LSB Industries cover its interest payments?

LSB Industries (LXU) has an interest coverage ratio of 1.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is LSB Industries?

LSB Industries (LXU) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.